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A land of 6,000 sqm in Ypsonas Industrial Area near the New Port is now available for sale. There is an Industrial building of 1.800sqm covered area is sitting on half of the land. The land is totally flat and benefits from 2 entrances from 2 roads.
The immediate area of the asset is a fully developed industrial area with many industrial buildings and warehouses as well as some factories.
Easy access to the Limassol - Nicosia and Limassol - Paphos motorway and in a close proximity to Limassol's new port.
This land is a freehold property with the following development characteristics:
81% of the land falls within the development zone Βα4 with a building coefficient 90% and coverage 60%, in 3 floors
19% of the land falls within the development zone Δα3 with a building coefficient 5% and coverage 5%, in 2 floors and 7 metres height.
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For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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